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Solar Project

Waaree Renewable Technologies Reports Revenue of INR 129 Cr in Q1FY24 with 35.7% Surge YoY

Waaree Renewable Technologies Limited, the solar EPC subsidiary of Waaree Group and a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ending June 30, 2023. In Rs Cr Q1FY24 Q1FY23 Y-o-Y Change Revenue 128.9 95.0 35.7% EBITDA 16.0 13.1 22.4% EBITDA Margin 12.4% 13.7% […]

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As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

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EESL Forges INR 700 Cr Partnerships at 14th Clean Energy Ministerial Meeting

Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, hosted an event titled “Accelerating India’s Net Zero Transition through Energy Efficiency, Sustainable Cooling & Mobility” during the 14th Clean Energy Ministerial (CEM) meeting in Goa. Stanzin Chosphel, Executive Councillor, Ladakh Autonomous Hill Development Council, Leh; Pradeep Kumar […]

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NLC India in Talks with Andaman for 20 MWh Storage System

NLC India  is in discussions with the Andaman and Nicobar authorities  for the establishment of a 20 MWh storage battery system. The islands are currently dependent on diesel generators, with the systems helping meet 95% of the energy requirement and the remaining 5% from hydropower. “South Andaman has a 20 MW solar plant and an 8 […]

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SAEL, Renew Power, Jakson, Avaada Among Winners of Big 2000 MW SECI Tender

The Solar Energy Corporation of India (SECI) has announced the results for its tranche XI bidding for the big tender for 2000 MW interstate transmission system (ISTS)-connected solar projects in the country. Jakson, Eden Renewables, SAEL, Shiva Corporation, ReNew Power and Avaada Energy have been declared winners through competitive bidding. While SAEL and ReNew Power […]

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Avaada Group in MoU with REC for INR 20,000 Funding  

On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […]

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JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1

JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT).   As per the details shared by the firm […]

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Adani Green’s RE Capacities Grew 43% in Q1 on YoY

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […]

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Electrical PV Designer

We are seeking talented and knowledgeable individuals to join our team as a PVCase Designer. As a PVCase Designer, you will play a key role in designing and optimizing photovoltaic (PV) Array Plans, Project proposal using the PVCase software. PVCase is a solution that streamlines the process of designing solar projects, from site assessment to […]

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